Can Russia Rescue Cyprus After Moody's Downgrade?

Cyprus’s credit rating was cut three steps to Caa3 by Moody’s Investors Service, citing the government’s projected increased debt load from the need to recapitalize its banking system.

Sales Check With Hudson's Bay CEO Jerry Storch
15:02 - Hudson's Bay CEO Jerry Storch weighs in on Black Friday sales. He speaks on "Bloomberg Markets." (Source: Bloomberg)
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